The market is breaking down, all sectors except for Gold and Silver are down. The major market sector are below support except for gold as the rush cash continues. I am not sure why Gold and Silver are up today.
TARGET 1100, but keep an eye on the MACD, if that bottoms first we will get a dead cat bounce before more selling continues. The media, the politicians are in denial as to the magnitude of this crisis or they dont want to scream fire in a movie theater and want people to exit calmly, who knows. But the lack of information is leading to average investor complacency. Preserve capital at all cost.
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